Post Tagged with: "federal deposit insurance corp"

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Ally Repays Remaining Debt Offered Under US Program

Ally Repays Remaining Debt Offered Under US Program

Ally Financial said it repaid the entire debt offered by the Federal Deposit Insurance Corp’s Temporary Liquidity Guarantee Program. Ally Financial, the former GM auto lending arm, said it repaid $4.5 billion in debt guaranteed by the Federal Deposit Insurance Corp’s Temporary Liquidity Guarantee Program and another $2.9 billion in […]

Ally Financial Repays $2.9B to FDIC

Ally Financial Repays $2.9B to FDIC

Ally Financial announced it has paid back the $2.9 billion loan offered through the Federal Deposit Insurance Corp.’s Temporary Liquidity Guarantee Program. The Federal Deposit Insurance Corp.’s Temporary Liquidity Guarantee Program was issued on October 30th, 2009 and its deadline was reached on Tuesday, October 30th. The program helped the […]